MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Global Head Mounted Display Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Head Mounted Display Market: 2024-2030
The Global Head Mounted Display Market is estimated to grow at a CAGR of around 33.81% during the forecast period, i.e., 2024-30. In 2024, the global head-mounted display market size was estimated to be around USD 12.02 billion.
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Global Head Mounted Display Market Driver:
Exponential Growth in Demand from Defense Forces: The militaries across the globe are gradually integrating the latest technologies to ensure a competitive edge, reduce costs, and provide best-in-class training to their professionals. Moreover, the modernization of defense forces across the globe to ensure agility, improved effectiveness, flexibility in operations, and increased survivability is boosting the integration of head mounted displays for training and battlefield superiority. Countries such as the USA, India, Israel, China, Russia, EU, etc., have been actively contracting defense equipment suppliers for hmd displays. With the growth in electronic warfare infrastructure, these countries are increasingly relying on such technologies which are further integrated with the combat vehicles and aircraft.
- In 2024, the US Air Force signed a contract with Vuzix to provide augmented reality based head mounted displays
- In 2023, Collins Elbit Vision Systems (a joint venture of Raytheon and Elbit Systems) was contracted by the US Navy to provide head mounted displays. In addition, the sanctioned USD16 million to Collins Elbit Vision Systems to upgrade its existing head mounted equipment
- In 2021, the Indian army announced its plan to procure more than 550 augmented reality based head mounted displays to boost the capabilities of its shoulder-fired weapons.
Global Head Mounted Display Market Segmentation:
The Global Head Mounted Display Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type
-Discrete- Market Size & Forecast 2019-2030, USD Million
-Slide-On- Market Size & Forecast 2019-2030, USD Million
-Integrated- Market Size & Forecast 2019-2030, USD Million
By Technology
-Augmented Reality (AR)- Market Size & Forecast 2019-2030, USD Million
-Virtual Reality (VR)- Market Size & Forecast 2019-2030, USD Million
-Mixed Reality (MR)- Market Size & Forecast 2019-2030, USD Million
By Component
-Hardware - Market Size & Forecast 2019-2030, USD Million
-Processor and Memory- Market Size & Forecast 2019-2030, USD Million
-Controller- Market Size & Forecast 2019-2030, USD Million
-Sensor- Market Size & Forecast 2019-2030, USD Million
-Camera- Market Size & Forecast 2019-2030, USD Million
-Display- Market Size & Forecast 2019-2030, USD Million
-Lens- Market Size & Forecast 2019-2030, USD Million
-Case and Connector- Market Size & Forecast 2019-2030, USD Million
-Battery- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
-Software - Market Size & Forecast 2019-2030, USD Million
-Services - Market Size & Forecast 2019-2030, USD Million
By Product Type
-Head Mounted- Market Size & Forecast 2019-2030, USD Million
-Eyewear- Market Size & Forecast 2019-2030, USD Million
By Connectivity
-Wired- Market Size & Forecast 2019-2030, USD Million
-Wireless- Market Size & Forecast 2019-2030, USD Million
By End User
-Consumers- Market Size & Forecast 2019-2030, USD Million
-Video Games - Market Size & Forecast 2019-2030, USD Million
-Life Events - Market Size & Forecast 2019-2030, USD Million
-Video Entertainment - Market Size & Forecast 2019-2030, USD Million
-Enterprises- Market Size & Forecast 2019-2030, USD Million
-Aerospace and Defense - Market Size & Forecast 2019-2030, USD Million
-Healthcare - Market Size & Forecast 2019-2030, USD Million
-Construction - Market Size & Forecast 2019-2030, USD Million
-Automotive- Market Size & Forecast 2019-2030, USD Million
-Energy- Market Size & Forecast 2019-2030, USD Million
-Retail- Market Size & Forecast 2019-2030, USD Million
-Education- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million.
Geographical Analysis into the Global Head Mounted Display Market:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/head-mounted-display-market.html
Competitive Landscape and Global Head Mounted Display Market Share Analysis:
The competitive landscape of the Global Head Mounted Display Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Meta, Sony Corporation, Microsoft, Google LLC, Samsung, BAE Systems, Magic Leap, Seiko Epson Corporation, HTC Corporation, Collins Aerospace, Lockheed Martin, Kopin Corporation, Thales, Elbit Systems Ltd, Beyeonics Ltd, Others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Head Mounted Display Market growth?
- How is the Global Head Mounted Display Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Head Mounted Display Market?
- What is the current size of the Global Head Mounted Display Market, and how is it projected to change in the future?
- What is the future outlook for the Global Head Mounted Display Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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